Asset Management Shift Inspires IT Transformation Among Middle Eastern Banks

Beyond their mutual language and dominant religion, Beirut and Riyadh have little else in common. Few could mistake the postcolonial, culturally diverse, and sometimes-combustible Lebanese capital perched on the Mediterranean with the sprawling and tightly controlled seat of the House of Saud, once a desert outpost.

Yet for all those differences, their countries often share important diplomatic and economic ties, and—in a very literal way—the two are always moving in the same direction via the